New York, September 12th (TradersHuddle.com) - Shares of Sohu.com Inc. (NASDAQ:SOHU) are trading very close to calculated support at $72.62 with current price action closing at just $75.16 places the stock price near levels where traders will start paying attention.

Sohu.com Inc. (NASDAQ:SOHU) operates an Internet portal in China. The Company's Web site consists of Chinese language Web navigational and search capabilities, Web-based communications services, and a platform for e-commerce services.

Sohu's current stock range is defined by current calculated support defined at $72.62 and by the resistance level at $81.00, which should be used by traders planning their trades.

Traders wanting to establish a position should place close attention to Sohu's price action, and establish a position as close to support as possible, but only after buying materializes. Traders should understand that the resistance point at $81.00 might limit their upside, however if the stock breaks resistance, it could be a good point to add to the position.

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